Portlands Singing Christmas Tree Inc

Analysis

Portlands Singing Christmas Tree Inc is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in April 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Portlands Singing Christmas Tree Inc reported income of $481k and spending of $527k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $758k to $481k (-36%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Portlands Singing Christmas Tree Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OR. Charities of a similar size with the same main cause include Plumsock Fund Inc ($481k), Skagitonians to Preserve Farmland ($482k) and Mabel Moir Lockwood Fund Fbo Children Home ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $127k (24% of expenses). Other salaries and wages came to $33k. At year end it held assets of $112k against liabilities of $59k, net assets of $53k. It reported 5 employees.